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Gold

View indicative pricing and leverage information for Gold.

Gold chart

Gold market insights

Pivot points are a technical indicator that traders use to predict upcoming areas of technical significance, such as support and resistance. They're calculated by averaging the high, low and closing prices of a previous period. That could be a day, a week or a month.

If a market is trading above its previous pivot point (known as P), it is seen as a bullish signal. If it is below, it is bearish.

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Last updated 8/28/2026, 11:59:59 PM

Support and resistance levels are a core part of technical analysis, providing crucial insight into possible future price reversals.

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Gold overview

The gold price is followed around the world as the precious metal continues to be highly valued by investors, consumers and companies. It was used for millennia as a currency, but even after the fiat-based system was introduced, gold remains a store of value and a ‘safe haven’ during periods of economic decline.As well as being a popular investment, gold is used in industries ranging from medicine to technology.Typically, the gold price is quoted in US Dollars, which means it has an inverse relationship with the currency. Gold is regularly traded as a currency pair in the format XAU/USD – Au being the symbol for gold on the periodic table.

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Metals explained

Can you day trade precious metals?

Yes, you can day trade precious metals including gold, silver, platinum and more. To day trade these precious metals, you need to ensure that you aren’t keeping any positions open overnight – which avoids the risk of overnight gapping and funding charges impacting your bottom line.

CFD trading and spread betting are two popular tools for day trading precious metals. They enable you to speculate on metal prices without ever taking ownership of the markets themselves and provide access to leverage to make your capital go further – although leverage will also increase your risk.

How do you trade metals?

There are a few different ways to trade metals. Most metals trading in the open market is executed via futures – derivatives that involve trading a metal on a set date in the future at a price set today.

To buy and sell metals futures, you’ll need an account with a futures broker. Or, you can trade on market prices using CFDs or spread betting – which enable you to go long or short on metals without ever taking ownership of the underlying asset.

What are the trading hours for metals?

You can trade most metals – including gold, silver and platinum – 23 hours a day from Sunday night to Friday night, with a break from 10pm to 11pm UTC. However, there will be times when precious metal markets are more volatile and liquid than others.

Full week trading, including over the weekend, is available for gold with the XAU/USD 7-Day product.